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R51-billion crypto hack shocker hits South African investors

R51-billion crypto hack shocker hits South African investors
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Africrypt hack of nearly R54bn dwarfs Mirror Trading

MONEYWEB app instead? Africrypt ‘hack’ of nearly R54bn dwarfs Mirror Trading The founders of the company, Raees and Ameer Cajee, have reportedly disappeared to the UK – while investigators say the ‘hack’ reeks of something more sinister. 00:01  It seems the funds ‘were subjected to various dark web tumblers and mixers, resulting in severe fragmentation’. Image: AdobeStock While hundreds of thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam Mirror Trading International (MTI), a far bigger crypto disappearing act was playing out without hardly anyone paying attention. Africrypt, which reportedly counts several high profile South Africans and celebrities among its investors, was hacked on or about April 13.

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